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Virginia Eyes Budget Surplus Yet Faces 1980s Strain
Richmond reports a $200 million surplus for Virginia’s 1978-80 budget, with $170 million assured and $30 million tied to inflation. Officials warn 1980-82 may slow growth, while $150 million is pledged for an anti annexation package, boosting local aid. Revenue growth expected at 4.8 percent in 1980-81 then 9.2 percent in 1981-82.
MENTIONED IN THIS ARTICLE
Richmond
Legislative
Virginia
Stuart Connock
Senate Finance Committee
Connock
Charles Walker
Walker
Treasury
General Assembly
Connack